Friday, February 13, 2015

The beginning of the end for the Post-Secondary Education Industry

I'm on record many times over for saying publicly that I believe that in 2025 half the universities in the world will be closed and bankrupt. Education is moving online and people are slowly becoming aware that they don't have to take on huge debts in order to learn something.

Gathering people together in order to transmit information verbally is a 5000 year old technology. The only reason its still around is because governments subsidize the bill by funding universities and providing loans to students.

The fact is, you can learn what you need to for FREE.

Visit this site: http://www.nopaymba.com/ and learn about one woman's journey to replicate an Ivy League MBA program for free online with class content from... Ivy League schools for the most part. All free.

"If everything goes according to plan, Laurie Pickard will earn her MBA in three years for less than $1,000. She'll take classes from Harvard, Wharton, and Yale, among other top-tier schools. And she'll tackle it all while keeping her full-time job. She'll accomplish all of this from Kigali, Rwanda. It sounds too good to be true. But Pickard, 32, is determined to pull it off. If successful, she'll arguably be the first person in the world to cobble together an MBA program from massive open online courses (MOOCs), free or low-cost classes accessible to anyone with Internet access."